KentuckyOne CEO: No plans to close Jewish Hospital; expert remains unconvinced
KentuckyOne Health CEO Chuck Neumann told employees that the health system “is not planning for the closure of Jewish Hospital” after Insider reported Friday that the deal to save the hospital is in...
View ArticleTruck driver turnover, shortage hiking freight costs
While employers in some industries are fighting the tightened labor market by investing in technology, such as self-checkout counters in grocery stores, employers in other sectors, especially...
View ArticleStruggling CafePress agrees to be sold for more than $25 million
CafePress shares spiked Friday morning after the troubled e-commerce retailer announced that it had agreed to be acquired for more than $25 million by a subsidiary of San Francisco-based photo storage...
View ArticleUPDATED: GE Appliances to invest $200M, add 400 jobs in Louisville
GE Appliances plans to invest $200 million in Louisville and create 400 full-time production jobs on its laundry and dishwasher lines as a new marketing campaign, new partnerships and a focus on...
View ArticleUPS mechanics reject contract proposal; union mum, company ‘disappointed’
UPS mechanics have rejected a new contract proposal, pushing company and union leaders back to the negotiating table.
View ArticleJewish Hospital, affiliated facilities financial woes continue
Jewish Hospital and affiliated medical facilities incurred an operating loss of $56.9 million for the year ended June 30, according to a new report.
View ArticleUPS package handlers reject contract proposal; Teamsters leaders ratify...
Although UPS package handlers rejected a contract proposal that would cover about 240,000 workers, national leaders of the Teamsters union said its constitution requires them to ratify the agreement,...
View ArticleAnalysts: Sports betting a good wager for Kentucky, Churchill Downs
Two Kentucky legislators have pre-filed sports betting bills, and industry experts told Insider that legalization would boost revenue for both the state and Louisville-based Churchill Downs. However,...
View ArticleLouisville union president blasts national Teamsters leaders
Louisville Teamsters leader Fred Zuckerman sharply criticized national union leaders’ ratification of a new five-year contract that most workers rejected.
View ArticleUPDATE: Dow plunges 832 points, but two local stocks post gains
The Dow Jones industrial average plunged more than 400 points as part of a broad sell-off, but some Louisville-based companies posted gains.
View ArticleDow rises early after two-day sell-off, analysts urge investors not to panic
After a two-day sell-off on Wall Street and global markets, two financial analysts encouraged investors not to panic, as the U.S. economy remains strong.
View ArticleACA insurance premiums to fall nationwide, but not in Kentucky
Average insurance premiums for Affordable Care Act customers are declining for the first time across the nation — but not in Kentucky, according to federal authorities.
View ArticleGE Appliances wants to vaporize the water in your laundry
What if a machine could dry clothes without heat? Oak Ridge researchers working with GE Appliances wondered if the machine could use ultrasound instead.
View ArticleApellis shares tumble after drug trial inflammation
Shares of Louisville-based Apellis Pharmaceuticals plunged 19 percent Thursday morning after the bio startup said some patients suffered inflammation after taking a drug it is testing to treat a...
View ArticleUgly October (so far) for local stocks
Global markets declined again Tuesday, and amid the recent volatility, shares of 12 of 15 local companies tracked by Insider have fallen in October.
View ArticleMeet Summit, the world’s most powerful computer
Summit, the world's fastest supercomputer, can make 200 quadrillion (that’s 200,000,000,000,000,000) calculations per second.
View ArticleRIP Moore’s law: Why computers aren’t getting faster (but they’re still...
If you’ve shopped for a personal computer recently, you probably noticed either that sellers are no longer advertising the machine’s processing speed — or that the speed doesn’t seem to have increased...
View ArticleGE Appliances taps JCPS students to avoid production bottlenecks
GE Appliances has created 150 part-time positions to avoid production bottlenecks that arise when workers extend weekends by taking off Monday and Friday.
View ArticleChurchill Downs shares jump on earnings, stock split and acquisition plan
Churchill Downs shares jumped more than 10 percent Thursday after it beat earnings expectations, announced a stock split, a higher dividend and its intent to buy a majority stake in casino operator...
View ArticleExoskeletons are helping Ford employees stay healthy
Louisville native Jason Overstreet has worked for Ford Motor Co. for about 20 years, but for the last roughly 20 weeks, he’s gone occasionally bionic.
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